(Read more on the industrial market.)
CLAYTON, NC-New York City-based Crown West Realty LLC has acquired the 1.1-million-sf Carolinas Distribution Center distribution warehouse and cold storage complex at 1053 Shotwell Rd. for $61.25 million. The property was acquired from Fulcra Enterprises.
Originally developed by Winn-Dixie Stores to be used as a regional distribution complex in 1998, the property is a four-building facility that may be expanded by approximately 300,000 sf. Located between Interstate 40 and Interstate 95, it provides access to the entire eastern seaboard.
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